SIKESTON AREA ECONOMIC DEVELOPMENT CORP (EIN 824824577) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

MARCIE LAWSON

Phone

5734712498

Tax Period

2023-01-01 to 2023-12-31

SIKESTON AREA ECONOMIC DEVELOPMENT CORP, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $264K in total revenue in fiscal year 2023. Revenue decreased 20% compared to the prior year. The organization ran a surplus of $41K, a strong 15% operating margin.

Mission

TO DRIVE AND SUSTAIN ECONOMIC DEVELOPMENT IN THE SIKESTON MO AREA

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $259,180

Investment Income $0

Other Revenue $4,391

TOTAL REVENUE $263,571

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $222,821

TOTAL EXPENSES $222,821

Year-over-Year Comparison

	2023	2022	Change
Revenue	$263,571	$328,849	-0.2%
Expenses	$222,821	$210,182	+0.1%
Net Income	$40,750	$118,667	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL BOHANNON	DIRECTOR	1.00	Director	$0	$0	$0
LORI CALDWELL	DIRECTOR	1.00	Director	$0	$0	$0
HEATHER COUCH	CHAIRMAN	1.00	Officer Director	$0	$0	$0
MATT DRAKE	TREASURER	1.00	Officer Director	$0	$0	$0
DENNIS FOLEY	DIRECTOR	1.00	Director	$0	$0	$0
JON GILMORE	SECRETARY	1.00	Officer Director	$0	$0	$0
SHANNON HOLIFIELD	DIRECTOR	1.00	Director	$0	$0	$0
DARRIN JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT KEENAN	DIRECTOR	1.00	Director	$0	$0	$0
JASON SCHRUMPF	DIRECTOR	1.00	Director	$0	$0	$0
GREG TURNBOW	DIRECTOR	1.00	Director	$0	$0	$0
MARCIE LAWSON	EXECUTIVE DI	40.00	Officer	$0	$0	$0
KATHY MEDLEY	EXEC VICE-PR	40.00	Officer	$0	$0	$0
WALT MODDE	DIRECTOR	1.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$263,571	$222,821	$325,634	$40,750
2022	$328,849	$210,182	$284,884	$118,667
2021	$324,587	$216,176	$166,217	$108,411
2020	$346,454	$272,292	$106,896	$74,162
2019	$302,277	$301,044	$32,734	$1,233

SIKESTON AREA ECONOMIC DEVELOPMENT CORP